A loan of $1,075 helped to buy more fertilizers for use during rice production.

Emmanuel's story

Emmanuel is 51 years old. He is married with five children aged between seven and 24; they all go to school. He has requested the loan to buy more fertilizers for use in rice production. The profits that will be gained from the rice will be used to pay for the school fees for the children.

The agriculture sector accounts for 37% of Rwanda's gross domestic product, generates 65% of Rwanda's export revenue, and employs approximately 90% of Rwandans (as of 2009). Despite the importance of agriculture to Rwandans and their economy, financial institutions view lending to fund agricultural activities as a high-risk proposition because the profitability of these activities is affected by weather, natural disasters, and price fluctuations. For this reason, farmers in Rwanda remain underserved by financial institutions. Urwego Opportunity Bank is expanding into this market and is happy to provide Kiva lenders with the opportunity to support Rwandan farmers.

Loan details

Lenders and lending teams

Loan details